Ways to Give
Ways You Can Give to SUNY CCC
Cash contributions are tax deductible as an itemized deduction in the year you make the donation, up to 50 percent of your adjusted gross income. Any excess over 50 percent can be deducted over the next five years. Pledges cannot be claimed until the gift payment is made.
Many employers match employee's or employee spouse's charitable donations. If your gift is eligible for matching, please include the completed submission form.
Stocks and Bonds
If you have donated stock that has risen in value and that you've held for more than one year, you pay no capital gains tax on the transaction and are entitled to a charitable deduction for the full fair market value of the stock. Your income tax deduction is limited to 30 percent of your adjusted gross income. Any excess can be carried forward for five additional years. If you have stock losses, generally you should not contribute the stock, but rather sell the stock yourself to realize the loss for tax purposes. You can then contribute the cash and take a charitable deduction.
An endowment gift is a donation that is given with the intent to preserve the original value of the gift, and to grow it over time. The donor or donors who establish the endowment have the ability to name the fund and determine the specific program or area it benefits, or elect to leave it unrestricted to meet SUNY CCC's greatest needs.
Planned gifts may allow you to leave a lasting legacy for generations of SUNY CCC students while also qualifying for tax savings and other advantages that may actually increase the value of your estate. Planned giving can take many forms, including bequests, living trusts, and life insurance.
Various events, such as the Red Barons Classic Golf Tournament, engage the community and provide additional funds for specific programs.